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Picton Property Income ( (GB:PCTN) ) has issued an announcement.
Picton Property Income Limited has repurchased 350,000 of its Ordinary Shares, reducing the total number of shares to 545,581,960. This move is part of its strategy to manage its capital structure and potentially enhance shareholder value, reflecting its focus on strategic growth and market adaptation.
More about Picton Property Income
Picton Property Income Limited, established in 2005, is a UK commercial property company listed on the London Stock Exchange. It manages a £737 million property portfolio with 48 assets and around 350 occupiers, focusing on delivering strong performance and income returns. Picton is committed to a net zero carbon goal by 2040.
YTD Price Performance: 2.41%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $448.1M
Find detailed analytics on PCTN stock on TipRanks’ Stock Analysis page.
